Hurricane Ian impacts seen in jobless numbers - Jacksonville Business Journal

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Hurricane Ian impacts seen in jobless numbers

The Department of Economic Opportunity said last week that Florida’s September unemployment rate was 2.5 percent. That measured employment conditions in mid-September, before the storm hit, and indicated an estimated 266,000 Floridians were out of work from a labor force of 10.7 million.

Nationally, an estimated 217,000 claims were filed last week, an increase of 3,000 from the week ending Oct. 15. Over the past four weeks, weekly claims have averaged 219,000. Also Thursday, the U.S. Commerce Department’s Bureau of Economic Analysis pointed to a rebound for the national economy, after declines earlier in the year. The bureau reported U.S. gross domestic product grew 2.6 percent --- slightly above estimates --- between July and September. The rates had declined 1.6 percent and 0.6 percent in the prior two quarters.

In anticipation of the storm increasing unemployment applications, the state Department of Economic Opportunity eliminated what is known as the “waiting week” before jobless benefits can be paid on claims made in storm-damaged areas. The agency also suspended a requirement that applicants in the areas contact five potential employers a week to keep unemployment benefits flowing.

 

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